Damco launches new “America’s Bridge” LCL solution

o New LCL network from Miami hub to 33 key Latin American destinations
o North American and Latin American customers will benefit from guaranteed weekly sailings with the Damco controlled network

24 November 2009 – Damco, a leading global logistics company, today announced the launch of its “America’s Bridge” service, further solidifying its commitment to the extensive markets that join North and Latin America.

The new service uses Miami as a hub to either consolidate Less than Container Load (LCL) shipments from various US points for full container shipping to multiple countries in Latin America including Guatemala, Nicaragua, El Salvador, Honduras, Panama, Venezuela, Ecuador, Peru and Chile- or to ship LCL directly from Miami with weekly options.

“Damco is committed to assisting businesses of all sizes optimize their supply chains,” said Damco North America President Jeremy Haycock.

“We recognize that the LCL product is crucial to providing a flexible solution for our customers to make the quick decisions needed to serve their markets while fulfilling their own cost-saving objectives,” he said. “By moving cargo through our hub, customers will increase their competitiveness by being able to slow down or speed up their supply chains depending on their needs, which is crucial, especially in these economic times.”

Henning Malmgren, CEO of Damco Latin America said that “Damco has a solid presence of more than 10 years in Latin America. This has given us a market leading position when it comes to ocean freight in this part of the world. The “America’s Bridge” reaffirms our desire to connect Latin America with North America and to bring innovative solutions to this trade.”

“America’s Bridge” customers can also benefit from Damco’s trend-setting supply chain visibility product. When combined with the inventory management from the Miami consolidation hub, it allows customers to know the whereabouts of their cargo at any given time, providing the real-time supply-chain information necessary for proactive decision-making.